We classify your data

SpendConsultant uses a proprietary taxonomy that Source One’s consultants have developed over the last few decades of strategic sourcing initiatives. It focuses on how procurement professionals need and want to see their data, not how the government or your finance department would like to see it.

Now, the fun starts. We take your normalized supplier names – as well as any additional information we’ve got – and look for direct matches within our master datasets.

If you were unable to provide additional supporting data (such as line item information), we’ll make educated assumptions based on the spend analyses we’ve conducted for companies similar to you.

Our Sourcing Experts review your data

The SpendConsultant process is led by the strategic sourcing consultants at Source One. Those same consultants review your data and make sure it’s actually useful for your Procurement team.

We don’t go it alone. We’ll consistently engage you for feedback and refine our classifications based on your information.

Optionally – if you want an opportunity assessment, we’ll enrich the data – learn more

You get useable information

Finally, we’ll upload your cleansed and classified data into SpendConsultant.com and provide you with a login.

You’ll be able to see your transformed raw data in a user-friendly display fashion and examine it however you desire.

You’ll also gain insights into how our classification works and download any of our work right from the tool.

Take the first step toward savings. Schedule a conversation with SpendConsultant today.